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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in goodwill by reportable segment

The changes in carrying amount of goodwill for the years ended December 31, 2019 and 2018 are as follows: 

 

 

Americas

 

 

EURAF

 

 

MEAP

 

 

Consolidated

 

Balance as of January 1, 2018

 

$

166.5

 

 

$

85.9

 

 

$

68.9

 

 

$

321.3

 

Foreign currency impact

 

 

 

 

 

(3.7

)

 

 

(2.6

)

 

 

(6.3

)

Goodwill impairment

 

 

 

 

 

(82.2

)

 

 

 

 

 

(82.2

)

Net balance as of December 31, 2018

 

 

166.5

 

 

 

 

 

 

66.3

 

 

 

232.8

 

Foreign currency impact

 

 

 

 

 

 

 

 

(0.3

)

 

 

(0.3

)

Net balance as of December 31, 2019

 

$

166.5

 

 

$

 

 

$

66.0

 

 

$

232.5

 

Gross carrying amount and accumulated amortization of the company's intangible assets other than goodwill

The gross carrying amount and accumulated amortization of the Company’s intangible assets other than goodwill are as follows as of December 31, 2019 and 2018. 

 

 

December 31, 2019

 

 

December 31, 2018

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

Amount

 

 

Net

Book

Value

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

Amount

 

 

Net

Book

Value

 

Trademarks and tradenames

 

$

95.3

 

 

$

 

 

$

95.3

 

 

$

96.7

 

 

$

 

 

$

96.7

 

Customer relationships

 

 

10.0

 

 

 

(8.5

)

 

 

1.5

 

 

 

10.1

 

 

 

(8.4

)

 

 

1.7

 

Patents

 

 

29.5

 

 

 

(28.7

)

 

 

0.8

 

 

 

29.8

 

 

 

(29.0

)

 

 

0.8

 

Distribution network

 

 

18.7

 

 

 

 

 

 

18.7

 

 

 

18.9

 

 

 

 

 

 

18.9

 

Net balance

 

$

153.5

 

 

$

(37.2

)

 

$

116.3

 

 

$

155.5

 

 

$

(37.4

)

 

$

118.1